S&P 500 Realized 3-Month Single Stock Correlation

S&P 500 Realized 3-Month Single Stock Correlation The current low correlation regime is reminiscent of the dot-com bubble and could persist for some time, but history suggests it will likely reverse when the market experiences its next downturn. Image: BofA Global Research

Rolling 24 Month Correlation Between U.S. Bonds and Equities

Rolling 24 Month Correlation Between U.S. Treasury Bonds and Equities Amid high inflation, UST bonds become less effective as a hedge against U.S. stocks, as rising prices erode bond payouts and interest rate hikes lead to a drop in bond prices. Image: BofA Research Investment Committee

Correlation Between the S&P 500 and U.S. 10-Year Treasury Yields

Correlation Between the S&P 500 and U.S. 10-Year Treasury Yields The negative correlation between the S&P 500 and U.S. Treasury yields has weakened significantly since August. This moderation in the negative correlation may be seen as good news. Image: BofA Global Research

S&P 500 – Cross-Asset Correlations

S&P 500 – Cross-Asset Correlations So far, the S&P 500 remains inversely correlated with the U.S. dollar and positively correlated with U.S. 10-year bonds. Image: Goldman Sachs Global Investment Research